Value of 1967 Euro (Finland) today

€100 in 1967
€1,086.48 in 2022

The inflation rate in Finland between 1967 and today has been 986.48%, which translates into a total increase of €986.48. This means that 100 euro in 1967 are equivalent to 1,086.48 euro in 2022. In other words, the purchasing power of €100 in 1967 equals €1,086.48 today. The average annual inflation rate between these periods has been 4.43%.

Inflation timeline in Finland (1967 - 2022)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1967-2021 902.22%
Cumulative inflation 1967-today 986.48%
Avg. Annual inflation 1967-2021 4.36%
CPI 1967 10.56
CPI 2021 105.82
CPI 2022-08 (latest official data) 114.03
CPI today 114.72

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1967 and 2021, use the corresponding CPI values:

Value2021
=Value1967 ×
CPI2021/CPI1967
=€ 100 ×
105.82/10.56
€1,002.22

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.72:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=€ 100 ×
114.72/10.56
€1,086.48

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 54 years between 1967 and 2021 and the average inflation rate was 4.3606%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.043606)54
€1,002.22

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €10.02 euro in 2021
€5 euro in 1967 €50.11 euro in 2021
€10 euro in 1967 €100.22 euro in 2021
€50 euro in 1967 €501.11 euro in 2021
€100 euro in 1967 €1,002.22 euro in 2021
€500 euro in 1967 €5,011.1 euro in 2021
€1,000 euro in 1967 €10,022.21 euro in 2021
€5,000 euro in 1967 €50,111.04 euro in 2021
€10,000 euro in 1967 €100,222.09 euro in 2021
€50,000 euro in 1967 €501,110.44 euro in 2021
€100,000 euro in 1967 €1,002,220.88 euro in 2021
€500,000 euro in 1967 €5,011,104.4 euro in 2021
€1,000,000 euro in 1967 €10,022,208.79 euro in 2021
Cumulative inflation From 1967 986.48%
Avg. annual inflation From 1967 4.43%
CPI 1967 10.56
CPI today 114.72

Value of Euro over time (by year)

Period Value
1967 100
1968 109.19
1969 111.6
1970 114.66
1971 122.08
1972 130.22
1973 144.22
1974 168.65
1975 198.69
1976 227.18
1977 253.97
1978 273.78
1979 294.23
1980 328.34
1981 365.46
1982 400.49
1983 434
1984 464.67
1985 488.81
1986 503.15
1987 523.85
1988 550.49
1989 586.78
1990 622.87
1991 649.72
1992 668.68
1993 683.33
1994 690.77
1995 696.24
1996 700.62
1997 708.97
1998 718.89
1999 727.25
2000 749.37
2001 768.7
2002 780.77
2003 787.62
2004 789.1
2005 794.02
2006 806.46
2007 826.71
2008 860.32
2009 860.32
2010 870.51
2011 900.25
2012 925.53
2013 939.22
2014 949
2015 947.02
2016 950.4
2017 957.57
2018 967.95
2019 977.86
2020 980.7
2021 1,002.22
2022-08 1,079.94
Today 1,086.48

All available years

Today's value of euro (Finland) by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: